1、 Price trend

According to the commodity analysis system of Shengyi Society, the price trend of soda ash increased in November. The average market price of light soda ash at the beginning of the month was 1186 yuan/ton, and the average market price at the end of the month was around 1224 yuan/ton. The price increased by 38 yuan/ton during the month, with a growth rate of 3.20%.
2、 Market analysis
According to the Commodity Analysis System of Shengyi Society, the market for soda ash in November is expected to be strong. On the supply side, the maintenance or reduction of soda ash equipment has led to a decline in overall operating rates, a decrease in enterprise inventory, and a significant increase in soda ash quotations; On the demand side, the glass industry has experienced narrow fluctuations in production, which has increased the enthusiasm for purchasing soda ash. The total inventory of soda ash has decreased, and the market sentiment is clearly bullish. Within the month, soda ash prices have shown a strong upward trend.
As of November 30, 2025, the mainstream market price of light soda ash in East China is around 1180-1550 yuan/ton, an increase of 50-150 yuan/ton compared to the previous month; The mainstream price of light soda ash in Central China is around 1110-1220 yuan/ton, with a month on month increase of 20 yuan/ton; The mainstream price of light soda ash in North China is around 1250-1270 yuan/ton, with a month on month increase of 80-100 yuan/ton.
On the demand side: According to the commodity analysis system of Shengyi Society, the glass price range fluctuated this month, and the average glass market price decreased from 13.85 yuan/square meter to 13.68 yuan/square meter, with an overall decline of 1.23%. The glass production rate has slightly declined within the month, with a narrow decrease in enterprise inventory. Downstream performance has been average, with urgent procurement following up. The market transaction atmosphere is sluggish, and glass inventory is limited, resulting in a weak and downward trend in the glass market.
Market forecast: There will be significant maintenance and reduction of soda ash plants, resulting in weakened supply pressure. There are cold repair plans downstream, leading to a decrease in production expectations and insufficient support for soda ash. The basic fundamentals of the market will continue to be strong in supply and weak in demand. It is expected that the soda ash market will experience fluctuations and consolidation in December, depending on downstream follow-up situations.